The cryptocurrency market is presenting a mix of signals. Ethereum (ETH) is seeing a positive trend, supported by growing institutional interest. Meanwhile, Tron (TRX) has seen some market shifts, with on-chain data pointing to long-term holders realizing profits. Amid these developments, an emerging project, Cold Wallet ($CWT), is progressing through its presale.
Tron Market View: Profit-Taking Tops $1.4B for Long-Term Holders
Tron’s (TRX) market view has shifted after on-chain data from Glassnode showed that long-term holders realized around $1.4 billion in profits this year. Many of these holdings date back to 2020–2021, with holders now exiting after recent price gains.
This persistent selling has softened momentum despite TRX’s strong fundamentals in stablecoin transactions and DeFi activity. The market view remains mixed, with analysts noting that heavy profit-taking phases often precede periods of slower growth. While it’s not a clear signal for a downturn, the TRX market view now calls for closer tracking of SOPR and broader conditions.
Ethereum Price Target: Treasury Demand Driving $4K Potential
Ethereum’s (ETH) price target is now projected in the $4,000–$4,050 range after surpassing $3,900. Strong inflows into ETH-focused treasuries and ETFs are a major driver. Currently, 17 public firms hold more than 1.74 million ETH, valued at about $6.9 billion, with SharpLink Gaming and Fundamental Global preparing to expand their holdings.
ETF inflows, especially with BlackRock’s ETHA surpassing $11 billion in assets, have strengthened buying momentum. Analysts identify $3,840 as a crucial support level, keeping short-term targets on track. If buying strength continues, ETH could break past $4,000 before the quarter ends.
Cold Wallet: $270M Deal Accelerates $CWT’s Presale Climb
Cold Wallet (CWT) is currently in Stage 17 of its 150-stage presale, with the token priced at $0.00998. The presale has reportedly raised $5.9 million so far.
The project claims to have acquired Plus Wallet in a $270 million deal, an acquisition that it states brought in over 2 million active users. The Cold Wallet team claims that this integration gives the project a user base and traction. The project’s presale is designed to have a steady upward pricing system, with the price increasing as each stage sells out.
Final Say
The current market shows a split between caution and optimism. Ethereum’s market position is being strengthened by institutional demand, while Tron is navigating a period of profit-taking. Cold Wallet, on the other hand, is focused on its presale milestones and a narrative of growth through a claimed acquisition. These developments reflect the diverse strategies and factors influencing the cryptocurrency market.
Explore Cold Wallet Now:
Presale: https://purchase.coldwallet.com/
Website: https://coldwallet.com/
X: https://x.com/coldwalletapp
Telegram: https://t.me/ColdWalletAppOfficial
Blockzeit Disclaimer: This article is a paid advertisement and is not a recommendation by Blockzeit.com to invest in any project. All links in this article have been tagged as sponsored and are not endorsements. Readers should conduct their own research before making any investment decisions.
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